H

Hangzhou Steam Turbine Co Ltd
SZSE:200771

Watchlist Manager
Hangzhou Steam Turbine Co Ltd
SZSE:200771
Watchlist
Price: 13.3 Market Closed
Market Cap: 15.6B
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+4%
5Y
+41%
10Y
+120%
Operating Income
+
3Y
-29%
5Y
-27%
10Y
+209%
Net Income
+
3Y
-6%
5Y
+13%
10Y
+501%

Earnings Waterfall
Hangzhou Steam Turbine Co Ltd

Revenue
6.2B CNY
Cost of Revenue
-4.9B CNY
Gross Profit
1.3B CNY
Operating Expenses
-997.7m CNY
Operating Income
336.3m CNY
Other Expenses
137.1m CNY
Net Income
473.3m CNY

Income Statement
Hangzhou Steam Turbine Co Ltd

Rotate your device to view
Income Statement
Currency: CNY
Dec-2002 Mar-2003 Jun-2003 Sep-2003 Dec-2003 Mar-2004 Jun-2004 Sep-2004 Dec-2004 Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
15
0
0
0
21
0
0
0
37
0
0
0
44
0
0
0
11
0
0
0
17
0
0
0
12
0
0
0
9
0
0
3
10
6
8
10
14
14
15
14
10
8
6
5
37
44
49
52
23
23
23
24
24
21
20
19
21
21
21
19
12
12
0
0
Revenue
326
N/A
334
+3%
390
+17%
399
+2%
440
+10%
540
+23%
660
+22%
849
+29%
978
+15%
1 219
+25%
1 450
+19%
1 667
+15%
1 932
+16%
1 990
+3%
2 137
+7%
2 282
+7%
2 462
+8%
2 455
0%
2 599
+6%
2 691
+4%
2 856
+6%
3 005
+5%
3 019
+0%
3 284
+9%
3 319
+1%
3 410
+3%
3 568
+5%
3 443
-3%
3 586
+4%
3 579
0%
3 780
+6%
3 766
0%
4 276
+14%
4 384
+3%
4 513
+3%
4 749
+5%
4 548
-4%
4 570
+0%
4 609
+1%
4 650
+1%
4 575
-2%
4 646
+2%
4 457
-4%
4 737
+6%
5 065
+7%
4 810
-5%
4 788
0%
4 062
-15%
3 722
-8%
3 559
-4%
3 034
-15%
2 821
-7%
2 600
-8%
2 796
+8%
2 913
+4%
3 293
+13%
3 235
-2%
3 296
+2%
3 532
+7%
3 583
+1%
3 447
-4%
3 661
+6%
4 068
+11%
4 251
+5%
4 643
+9%
4 662
+0%
4 279
-8%
4 430
+4%
4 280
-3%
3 996
-7%
4 381
+10%
4 393
+0%
4 496
+2%
4 980
+11%
5 570
+12%
5 414
-3%
5 788
+7%
6 526
+13%
5 899
-10%
5 988
+2%
5 519
-8%
4 819
-13%
5 065
+5%
5 133
+1%
5 924
+15%
5 894
-1%
5 914
+0%
6 294
+6%
6 639
+5%
6 657
+0%
6 474
-3%
6 201
-4%
Gross Profit
Cost of Revenue
(198)
(198)
(236)
(246)
(269)
(316)
(399)
(497)
(583)
(737)
(847)
(1 002)
(1 147)
(1 179)
(1 281)
(1 348)
(1 495)
(1 497)
(1 623)
(1 730)
(1 841)
(1 932)
(1 945)
(2 139)
(2 082)
(2 182)
(2 216)
(2 097)
(2 303)
(2 268)
(2 471)
(2 441)
(2 753)
(2 805)
(2 843)
(3 016)
(2 907)
(2 974)
(3 006)
(3 044)
(2 912)
(3 002)
(2 945)
(3 164)
(3 412)
(3 237)
(3 170)
(2 633)
(2 364)
(2 324)
(1 976)
(1 885)
(1 861)
(1 889)
(2 008)
(2 316)
(2 219)
(2 374)
(2 589)
(2 581)
(2 517)
(2 634)
(2 913)
(2 978)
(3 334)
(3 273)
(3 000)
(3 134)
(3 079)
(2 799)
(3 014)
(3 033)
(3 129)
(3 445)
(3 990)
(3 832)
(4 118)
(4 683)
(4 206)
(4 369)
(4 060)
(3 640)
(3 813)
(3 912)
(4 503)
(4 442)
(4 602)
(5 024)
(5 418)
(5 421)
(5 134)
(4 867)
Gross Profit
129
N/A
136
+6%
154
+13%
154
0%
171
+11%
225
+31%
260
+16%
352
+35%
394
+12%
482
+22%
603
+25%
665
+10%
785
+18%
810
+3%
856
+6%
934
+9%
967
+4%
958
-1%
977
+2%
961
-2%
1 015
+6%
1 073
+6%
1 074
+0%
1 146
+7%
1 238
+8%
1 229
-1%
1 351
+10%
1 346
0%
1 283
-5%
1 311
+2%
1 309
0%
1 325
+1%
1 523
+15%
1 578
+4%
1 670
+6%
1 733
+4%
1 641
-5%
1 597
-3%
1 603
+0%
1 607
+0%
1 664
+4%
1 644
-1%
1 512
-8%
1 572
+4%
1 652
+5%
1 573
-5%
1 619
+3%
1 429
-12%
1 359
-5%
1 235
-9%
1 058
-14%
937
-11%
739
-21%
907
+23%
904
0%
978
+8%
1 017
+4%
922
-9%
943
+2%
1 001
+6%
931
-7%
1 027
+10%
1 155
+12%
1 273
+10%
1 309
+3%
1 389
+6%
1 279
-8%
1 295
+1%
1 201
-7%
1 198
0%
1 367
+14%
1 360
-1%
1 368
+1%
1 535
+12%
1 580
+3%
1 582
+0%
1 670
+6%
1 843
+10%
1 694
-8%
1 619
-4%
1 459
-10%
1 179
-19%
1 252
+6%
1 221
-2%
1 421
+16%
1 452
+2%
1 312
-10%
1 270
-3%
1 221
-4%
1 236
+1%
1 341
+8%
1 334
0%
Operating Income
Operating Expenses
(77)
(84)
(99)
(101)
(104)
(121)
(128)
(150)
(151)
(183)
(240)
(262)
(270)
(285)
(315)
(340)
(295)
(324)
(312)
(314)
(367)
(459)
(452)
(504)
(418)
(448)
(552)
(506)
(431)
(515)
(458)
(550)
(509)
(582)
(622)
(660)
(635)
(780)
(750)
(680)
(769)
(752)
(779)
(786)
(854)
(793)
(863)
(964)
(904)
(861)
(855)
(828)
(969)
(1 139)
(1 161)
(1 168)
(1 011)
(928)
(902)
(921)
(907)
(941)
(955)
(977)
(955)
(1 009)
(979)
(965)
(846)
(987)
(973)
(902)
(888)
(920)
(967)
(1 003)
(1 040)
(1 166)
(1 137)
(1 143)
(976)
(928)
(999)
(937)
(985)
(948)
(904)
(968)
(911)
(885)
(942)
(998)
Selling, General & Administrative
(77)
(84)
(100)
(102)
(105)
(122)
(129)
(151)
(152)
(185)
(243)
(265)
(271)
(287)
(316)
(340)
(293)
(283)
(253)
(247)
(363)
(400)
(393)
(448)
(418)
(396)
(504)
(441)
(429)
(446)
(366)
(474)
(507)
(522)
(570)
(594)
(632)
(664)
(670)
(632)
(700)
(707)
(709)
(705)
(755)
(725)
(764)
(813)
(722)
(791)
(767)
(747)
(766)
(784)
(813)
(824)
(787)
(794)
(794)
(736)
(684)
(721)
(773)
(783)
(696)
(726)
(635)
(654)
(689)
(666)
(777)
(766)
(756)
(792)
(733)
(728)
(853)
(939)
(915)
(940)
(718)
(690)
(730)
(725)
(750)
(808)
(785)
(827)
(771)
(703)
(716)
(744)
Research & Development
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(45)
0
0
0
(77)
0
0
0
(160)
0
0
0
(179)
0
0
0
(197)
0
0
(56)
(211)
0
0
(87)
(251)
(169)
(230)
(216)
(161)
(176)
(161)
(149)
(198)
(242)
(286)
(322)
(340)
(364)
(327)
(301)
(279)
(281)
(312)
(292)
(274)
(230)
(187)
(194)
(176)
(187)
(236)
(264)
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(22)
0
0
0
(19)
0
0
0
(20)
0
0
0
(21)
0
0
0
(24)
0
0
0
(18)
0
0
0
(32)
0
0
0
(40)
0
0
0
(36)
0
0
0
(43)
0
0
0
(48)
0
0
0
(64)
0
0
0
(61)
0
0
0
Other Operating Expenses
1
1
1
1
1
1
1
2
1
2
2
3
1
2
0
0
(2)
(40)
(59)
(67)
(4)
(58)
(58)
(56)
0
(53)
(48)
(65)
(2)
(68)
(93)
(76)
(2)
(60)
(52)
(66)
(3)
(116)
(80)
(48)
(3)
(45)
(70)
(81)
(2)
(68)
(99)
(151)
(2)
(70)
(89)
(81)
(2)
(355)
(348)
(344)
(2)
(134)
(109)
(128)
7
(220)
(182)
(107)
24
(114)
(114)
(95)
44
(146)
(34)
13
102
114
52
48
197
137
104
99
68
42
43
80
102
90
68
54
97
4
10
10
Operating Income
52
N/A
53
+1%
55
+4%
53
-4%
67
+28%
104
+54%
133
+28%
202
+52%
244
+21%
299
+23%
363
+21%
403
+11%
515
+28%
525
+2%
541
+3%
595
+10%
673
+13%
634
-6%
665
+5%
648
-3%
648
+0%
614
-5%
623
+1%
642
+3%
819
+28%
780
-5%
799
+2%
841
+5%
852
+1%
797
-7%
851
+7%
775
-9%
1 014
+31%
996
-2%
1 047
+5%
1 073
+2%
1 007
-6%
817
-19%
853
+4%
927
+9%
895
-3%
892
0%
733
-18%
786
+7%
798
+2%
779
-2%
756
-3%
465
-39%
455
-2%
375
-18%
202
-46%
109
-46%
(230)
N/A
(233)
-1%
(257)
-10%
(191)
+26%
6
N/A
(6)
N/A
41
N/A
81
+100%
24
-70%
86
+258%
200
+132%
297
+48%
353
+19%
380
+7%
300
-21%
330
+10%
355
+8%
211
-41%
395
+87%
458
+16%
480
+5%
616
+28%
613
0%
579
-6%
630
+9%
678
+8%
556
-18%
477
-14%
483
+1%
251
-48%
253
+1%
284
+12%
435
+54%
504
+16%
407
-19%
302
-26%
310
+3%
351
+13%
398
+14%
336
-16%
Pre-Tax Income
Interest Income Expense
(0)
(0)
(1)
1
0
0
1
2
2
3
3
3
5
6
17
15
17
12
21
21
24
46
29
34
44
25
50
41
36
21
(11)
12
9
6
27
1
(5)
(9)
(5)
(5)
122
157
168
179
36
28
21
19
31
34
39
44
58
55
36
37
49
77
114
122
96
67
52
120
137
144
200
136
95
172
195
173
33
108
153
168
170
157
130
146
164
156
147
132
161
164
190
178
277
275
219
215
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(28)
0
0
0
(53)
0
0
0
(52)
0
0
0
(75)
0
0
0
(60)
0
0
0
(118)
0
0
0
(13)
0
0
0
21
0
0
0
0
0
0
0
0
0
0
0
0
0
1
3
7
0
0
0
(18)
0
0
0
55
0
1
1
78
0
0
0
(92)
1
1
1
6
0
0
0
74
69
69
69
(1)
2
2
2
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0
0
0
0
1
0
0
0
(1)
0
0
0
1
0
0
0
0
0
0
0
(0)
0
0
(0)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
(8)
(8)
(6)
(4)
3
2
5
3
9
8
15
16
13
13
0
(1)
(5)
(5)
(5)
(1)
7
8
5
2
9
10
13
11
18
17
16
19
3
3
1
2
20
25
29
28
9
7
5
6
11
12
20
20
15
18
11
21
24
19
24
17
22
24
18
20
7
8
6
9
(2)
2
(1)
(4)
(28)
(38)
(34)
(38)
30
123
45
51
124
(33)
48
43
55
15
34
49
65
68
78
54
52
54
19
27
Pre-Tax Income
43
N/A
44
+3%
48
+8%
50
+4%
70
+41%
106
+51%
138
+30%
207
+49%
255
+23%
310
+22%
381
+23%
422
+11%
533
+26%
544
+2%
558
+2%
608
+9%
657
+8%
641
-2%
681
+6%
667
-2%
626
-6%
669
+7%
657
-2%
677
+3%
819
+21%
815
-1%
862
+6%
893
+4%
832
-7%
835
+0%
856
+2%
805
-6%
966
+20%
1 004
+4%
1 076
+7%
1 076
+0%
905
-16%
833
-8%
877
+5%
949
+8%
1 013
+7%
1 055
+4%
906
-14%
970
+7%
866
-11%
819
-5%
797
-3%
504
-37%
501
0%
427
-15%
253
-41%
174
-31%
(148)
N/A
(158)
-7%
(196)
-24%
(137)
+30%
77
N/A
95
+23%
173
+82%
226
+31%
133
-41%
160
+21%
259
+61%
426
+65%
470
+10%
525
+12%
499
-5%
462
-7%
477
+3%
346
-28%
556
+61%
594
+7%
621
+5%
847
+36%
811
-4%
798
-2%
833
+4%
803
-4%
736
-8%
667
-9%
708
+6%
421
-40%
433
+3%
466
+8%
736
+58%
805
+9%
745
-7%
604
-19%
638
+6%
682
+7%
639
-6%
580
-9%
Net Income
Tax Provision
(9)
(10)
(12)
(15)
(26)
(36)
(44)
(63)
(76)
(93)
(112)
(124)
(159)
(160)
(163)
(177)
(165)
(157)
(157)
(143)
(149)
(149)
(142)
(144)
(116)
(114)
(117)
(114)
(127)
(130)
(133)
(123)
(152)
(159)
(167)
(170)
(131)
(119)
(129)
(142)
(152)
(156)
(130)
(139)
(131)
(130)
(123)
(78)
(77)
(66)
(49)
(47)
24
28
38
35
(11)
(12)
(20)
(16)
(11)
(14)
(36)
(59)
(56)
(65)
(61)
(60)
(51)
(29)
(45)
(56)
(68)
(101)
(129)
(103)
(105)
(118)
(81)
(84)
(83)
(36)
(18)
(46)
(69)
(98)
(76)
(62)
(58)
(57)
(87)
(61)
Income from Continuing Operations
35
35
36
35
44
70
94
144
179
217
268
297
374
384
395
431
492
485
524
525
477
520
514
533
703
701
746
779
705
706
723
683
814
846
908
906
774
713
748
807
861
899
776
831
735
689
674
426
424
361
204
127
(124)
(131)
(158)
(102)
67
83
153
210
122
147
223
367
414
460
438
403
426
316
511
538
553
746
683
695
727
685
655
583
625
386
415
420
666
706
669
541
579
625
551
519
Income to Minority Interest
(0)
(0)
0
0
0
1
(0)
(3)
(5)
(10)
(13)
(18)
(25)
(28)
(32)
(33)
(49)
(56)
(72)
(95)
(97)
(106)
(110)
(105)
(130)
(124)
(128)
(127)
(121)
(123)
(122)
(114)
(134)
(148)
(159)
(185)
(134)
(113)
(95)
(77)
(126)
(145)
(146)
(140)
(81)
(60)
(56)
(52)
(72)
(68)
(58)
(48)
(39)
(33)
(26)
(32)
(35)
(41)
(46)
(54)
(53)
(56)
(69)
(70)
(68)
(76)
(61)
(60)
(81)
(65)
(95)
(118)
(93)
(110)
(85)
(65)
(77)
(56)
(69)
(82)
(103)
(95)
(91)
(52)
(149)
(131)
(110)
(108)
(40)
(53)
(50)
(45)
Net Income (Common)
35
N/A
34
-1%
36
+5%
35
-3%
44
+25%
71
+60%
94
+33%
141
+50%
174
+24%
208
+19%
255
+23%
280
+10%
349
+25%
356
+2%
363
+2%
399
+10%
442
+11%
429
-3%
452
+5%
429
-5%
380
-11%
414
+9%
404
-2%
428
+6%
574
+34%
576
+0%
618
+7%
652
+5%
584
-10%
582
0%
601
+3%
569
-5%
680
+20%
698
+3%
749
+7%
721
-4%
640
-11%
601
-6%
653
+9%
731
+12%
735
+1%
754
+3%
631
-16%
691
+9%
654
-5%
629
-4%
617
-2%
374
-40%
352
-6%
293
-17%
146
-50%
79
-46%
(163)
N/A
(164)
-1%
(184)
-12%
(134)
+27%
32
N/A
42
+32%
107
+155%
156
+46%
69
-56%
91
+32%
153
+68%
297
+93%
346
+17%
385
+11%
378
-2%
343
-9%
345
+1%
252
-27%
416
+65%
420
+1%
459
+9%
637
+39%
598
-6%
631
+5%
650
+3%
630
-3%
586
-7%
501
-15%
522
+4%
290
-44%
324
+12%
368
+14%
518
+41%
575
+11%
559
-3%
433
-23%
540
+25%
573
+6%
502
-12%
473
-6%
EPS (Diluted)
0.05
N/A
0.05
N/A
0.05
N/A
0.04
-20%
0.06
+50%
0.08
+33%
0.11
+38%
0.18
+64%
0.23
+28%
0.28
+22%
0.35
+25%
0.38
+9%
0.46
+21%
0.48
+4%
0.49
+2%
0.54
+10%
0.59
+9%
0.58
-2%
0.61
+5%
0.58
-5%
0.5
-14%
0.55
+10%
0.53
-4%
0.56
+6%
0.76
+36%
0.76
N/A
0.82
+8%
0.86
+5%
0.77
-10%
0.77
N/A
0.79
+3%
0.75
-5%
0.9
+20%
0.92
+2%
0.99
+8%
0.96
-3%
0.85
-11%
0.8
-6%
0.87
+9%
0.97
+11%
0.97
N/A
1
+3%
0.84
-16%
0.92
+10%
0.87
-5%
0.84
-3%
0.82
-2%
0.49
-40%
0.47
-4%
0.38
-19%
0.19
-50%
0.11
-42%
-0.22
N/A
-0.21
+5%
-0.24
-14%
-0.18
+25%
0.04
N/A
0.05
+25%
0.14
+180%
0.21
+50%
0.09
-57%
0.13
+44%
0.21
+62%
0.4
+90%
0.46
+15%
0.51
+11%
0.5
-2%
0.45
-10%
0.46
+2%
0.34
-26%
0.58
+71%
0.55
-5%
0.63
+15%
0.88
+40%
0.63
-28%
0.64
+2%
0.56
-13%
0.66
+18%
0.61
-8%
0.45
-26%
0.46
+2%
0.25
-46%
0.29
+16%
0.32
+10%
0.44
+38%
0.48
+9%
0.46
-4%
0.37
-20%
0.46
+24%
0.54
+17%
0.38
-30%
0.35
-8%

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
ALPHA SPREAD
Follow us
Join more than 301,700+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.